💹 TSLA next week prevision 💹Bearish beginning of the week looking for 100% of movement 3 of the Elliot wave. It can go down to the 231.16 area at least. Afterwards it can have a slight rise looking for movement 4 to 238.85 minimum to continue falling to 225.51 or more. In general bearish trend during this week with few options to go long.
Teslaanalysis
TESLA's price pattern is not badI saw a chance that at 250 it would drop to at least 200 and it did.
Now is the time to share it, it might help someone.
Can it go a little under 200? Yes, it is possible, but it may not happen.
At the moment, the small light blue point c has reached a minimum.
What will happen to Tesla in the future, I don't know. I will only share with you a favorable price pattern
Tesla - My Trading Plan For 2024Hello Traders, welcome to today's analysis of Tesla.
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Explanation of my chart analysis:
Tesla has been trading in a triangle continuation pattern for a very long time now. We saw the same type of pattern back in 2019 followed by a 1.500% pump. A breakout above the current resistance trendline could lead to a similar price behavior.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
TESLAPair : TESLA Index
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame and Bullish Channel as an Correction in Short Time Frame with the Breakout of the Lower Trend Line and Retracement. It has Completed " 12345 " Impulsive Waves and " A - wxy " Corrective Waves
Entry Precaution :
Wait for the Proper Rejection
Tesla Unveils Its 2nd-Generation Optimus Robot 🤖
In the released video, the robot demonstrates capabilities such as controlled squatting, delicate egg transfer, and dancing. However, in the context of today's technological advancements, Optimus Gen 2 doesn't appear to boast any standout features.
The latest iteration of the robot is 10 kg lighter, 30% faster, a lot smoother, and equipped with tactile sensing on all fingers.
NASDAQ:TSLA may experience a surge as investors anticipate the potential impact of the new product on Tesla's revenue and market position.
Tesla is often seen as a company at the forefront of technological innovation. Successful product launches reinforce investor confidence in the company's ability to lead in multiple industries. A positive reception of the Optimus robot could contribute to increased investor confidence.
🚗 Unfolding Tesla's Plan 📉📈Everything is going according to plan at Tesla. After our two entries, with the first one at $206 still open, we are still hovering around the $242 mark. As anticipated, we find ourselves in a rather complex correction that is not yet completed on the downside.
I expect a pullback for Wave C, which could range between the 50% and 61.8% Fibonacci retracement levels. The extent of the downward move remains to be seen, but I would suggest it may not be too deep. If we manage to form Wave C, we are on the verge of the significant and lengthy Wave 3, potentially reaching up to $300. Stay tuned for the ride! 🚀✨
TESLA I Rise Coming SoonWelcome back! Let me know your thoughts in the comments!
** TESLA Analysis - Listen to video!
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Potential Impact of Cybertruck Production Nightmare on TeslaI would like to discuss the recent production nightmare surrounding the highly anticipated Cybertruck and how it could potentially impact Tesla's overall performance.
As we are all aware, Tesla has been at the forefront of electric vehicle innovation, revolutionizing the industry and capturing the imagination of investors and consumers alike. However, recent reports suggest that the production challenges faced by the Cybertruck have the potential to cast a shadow over Tesla's otherwise impressive track record.
The Cybertruck, with its bold design and promising features, has generated significant pre-order interest, reflecting the strong demand for Tesla's products. However, it is essential to consider the potential consequences of the production hurdles that Tesla has encountered. Delays in manufacturing, supply chain disruptions, and quality control issues could lead to dissatisfied customers, tarnishing Tesla's reputation for delivering cutting-edge products on time.
While Tesla has demonstrated resilience in overcoming obstacles in the past, it is crucial to approach this situation with caution. As traders, it is our responsibility to evaluate the potential risks associated with such setbacks and make informed decisions regarding our investment strategies.
Considering the gravity of the situation, I encourage you to closely monitor Tesla's progress in addressing the production challenges faced by the Cybertruck. Keep a keen eye on any developments or announcements that could shed light on the company's ability to overcome these obstacles effectively.
In light of these circumstances, some traders may consider exploring shorting opportunities for Tesla. However, it is important to remember that shorting a stock carries inherent risks and requires careful analysis of market trends, financial indicators, and broader industry dynamics. I urge you to consult with your trusted financial advisors or conduct thorough research before making any investment decisions.
Ultimately, the purpose of this email is to highlight the potential risks associated with the Cybertruck production nightmare and emphasize the importance of cautious evaluation. As traders, we must remain vigilant, informed, and adaptable in navigating the ever-changing landscape of the stock market.
🚗Tesla🚗 will Go Up at least 🚀➕10%🚀👋Hi, today I want to introduce you to a stock that is likely to grow by at least ➕10% in the coming days or in the coming week .
🚗The name of this stock is Tesla(TSLA) .
🥇After the Golden Cross was seen in Tesla, I hope there is more for the Tesla to grow.
📚🥇 Golden Cross Signal 🥇: In technical analysis, a golden cross occurs when the 50-day Moving Average(MA) crosses above the 200-day moving average. It's a bullish sign, indicating that the market may be heading toward a longer-term uptrend or bull market.
✅Currently, Tesla reacted well to the Uptrend line and SMA(100) and started to grow with a Bullish Marubozu Candle yesterday.
🔔I expect Tesla to close the Breakaway Gap soon and grow at least ➕10% .
If you want to know about the types of Gaps , you can read the following article.👇
Tesla (TSLAUSD) Analyze, Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Tesla - Bullriding 🚀Hey Tesla Enthusiasts! 👋
Today, let's revisit Tesla, where we've had two trades, and both have been remarkably successful. The first trade is still active, and therefore, the new Stop Loss is set at $212.
I believe that Wave 1 has concluded here, hitting the 127.2% Fibonacci level. The rebound has been exceptionally strong, and I don't foresee it holding or reaching new highs. My assumption is that we are now entering Wave 2, inevitably accompanied by an ABC correction. It could potentially develop into a double or triple ABC, but the specifics will unfold over time.
Certainly, the price will need to dip for the Wave 2 correction, and I anticipate it finding support between the 50% and 61.8% Fibonacci levels. Time will tell. 📈✨
Bye! 🫡
Wave of the day: TSLAWave of the day.TSLA
1. Elliott Wave Perspective.
We are for now in a correction as you can see from the graph above.
I have utilized the Kennedy Channeling Technique. As long as the price stays within the parallel lines, we are experiencing a correction.
After a correction is done a motive wave always takes place. From a strict count, we could have a 1-2 1-2 to the upside or even a diagonal. Why, because wave 4 enters the price territory of wave 1 so a complete impulse wave is not permitted.
Scenario nr 1.
If the price bounces from the upper parallel line, the correction is not yet done, a minor wave down is possible.
Scenario nr2
If the price breaks decisively the parallel lines, the correction is done and we may have an impulse wave up.The key word here is "decisively".
2. MACD
The MACD Histogram on the weekly chart is rising, even though it is below the zero line. A break above zero will take us to the "summer".
Also, the MACD lines will cross. bullish signal.
3 RSI
Even though RSI on the weekly chart is rising, I want to see it breaking the 60-level to be sure that the correction is over.
For disclosure, I am in this stock from yesterday.
What do you think? Please comment below.
Legal Disclaimer: The information presented in this analysis is solely for informational and educational purposes and does not serve as financial advice.
Why TESLA is STILL heading LOWERHi Traders, Investors and Speculators of Charts📈📉
A quick analysis today on Tesla and why I'm still expecting the price of TSLA to head lower.
After a nasty Head and Shoulders Pattern on the monthly, TSLA has reached a selling climax and an automatic rally afterwards (which always follows a SC). However, if we look at the Wyckoff Method schematics, this is not yet the bottom. The bottom is expected to happen during phase B, which is the phase we're about to head into.
ST will always be LOWER than SC, therefore there will be another chance to accumulate TESLA at a lower entry.
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NASDAQ:TSLA
Tesla Ready to Invest Up to $2 Bln to Build India FactoryTesla (TSLA.O) is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the first two years of operations.
The Elon Musk-led electric vehicle (EV) maker is willing to invest up to $500 million if the government approves the reduced duty for 12,000 vehicles and up to $2 billion if the concession is for 30,000 vehicles.
The government is examining the viability of Tesla's proposal to invest $2 billion but wants to reduce the number of cars imported on a lower duty, compared to Tesla's proposal.
Price Momentum
TSLA is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
Tesla (NASDAQ: TSLA) Next Major ResistanceKey Takeaway
1. Tesla’s stock price climbed higher from the $195.00 support.
2. A major bearish trend line is forming with resistance near $245 on the 4-hour chart.
3. The bulls might struggle to clear the $245 and $250 resistance levels.
Tesla Stock Technical Analysis
After a steady decline, Tesla stock price (NASDAQ: TSLA) found support near the $195.00 zone. A base was formed, and the price started a fresh increase above $220.
The price started a decent increase above the $225 level. There was a move above the 50% Fib retracement level of the last main decline from the $278 swing high to the $194 low. The bulls were able to pump the price above the $235 level. However, they are now facing a major hurdle near the $245 and $250 levels. There is also a major bearish trend line forming with resistance near $245 on the same chart.
The trend line is near the 61.8% Fib retracement level of the last main decline from the $278 swing high to the $194 low. A clear move above the trend line and then a break above the $250 resistance might spark bullish moves.
The next major resistance is near the $275 level. A clear move above $275 could open the doors for a move toward the $288 level. In the stated case, the bulls could even attempt a move toward $300.
Conversely, Tesla’s stock price might face rejection near $245 or $250. If there is a fresh decline, the price might find support near $225.
The next main support on the downside is near the $215 level. Any more losses could resend the price toward $205 support. The major breakdown support reclines at $195.
Tesla's Technical Tale: Unveiling Patterns, Bulls on the HorizonDiving into NASDAQ:TSLA chart, the past few months have been a wild ride. However, we spotted a Higher lows and higher highs on the 2-week candles signal a strong upward trend since January 2023.
Now, the current week is like a suspenseful moment. We've got this bull flag about to make its move, following the script of a previous successful bull flag. It's like the market is saying, "Hey, history might repeat itself."
Zooming out to September 2022, there's this massive cup and handle formation in play. Think of it like a cup of optimism, and the handle is a breather before potentially soaring higher.
And there's more drama with an inverse head and shoulders pattern hinting at a trend reversal. It's like the market whispering, "Watch out for the comeback kid."
Now, let's talk RSI. It's been dancing near a downtrend line, kind of like it's testing the waters. But, here's the twist – the RSI is perking up, getting ready for a potential bullish move by crossing its moving average.
The big question: Can the RSI break free this time? If it does, especially with a nod from the moving average, it could be the green light for the bulls.
But, hey, lessons from the past – previous attempts didn't quite make the cut. So proceed with caution.
And, oh, don't forget to listen for volume signals. A breakout with strong volume could be the cheer from the crowd for the bulls.
In this market story, where surprises are the norm, having a simple game plan and keeping an eye on the bigger picture is the secret sauce. Because, in the end, even the slickest strategies can't predict every turn in this market tale.